The price of gold has dropped by Rs 400 per tola in the domestic market on Thursday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 118, 000 per tola today. It was traded at Rs 118, 400 per tola on Wednesday.

Similarly, tejabi gold is being traded at Rs 117, 450 per tola. It was traded at Rs 117, 850 per tola.

Meanwhile, the price of silver, however, has decreased by Rs 15 and is being traded at Rs 1,400 per tola today.